Ned
DeLorme

Hotel and multifamily construction lender. 30+ years in the business. Debt originations, HALL Structured Finance.

Non-recourse construction and bridge loans
$20M to $250M
Up to 80% loan-to-cost
$850M
Originated, Bridge Capital
$1.5B
Originated, Belgravia Capital
15
Hotels developed, Presidio
$300M
Hotel capitalization led

What I lend on

Loan typeNon-recourse first-lien construction loans. Bridge loans and preferred equity where the deal calls for it.
Loan size$20 million to $250 million
Asset typesHotels: select-service, extended-stay, full-service, boutique, and resort. Flags and independents. Multifamily.
LeverageUp to 80% loan-to-cost
TermUp to 36 months, with extensions
MarketsNationwide. Recent activity in California, Texas, and Florida.
Sponsor profileDevelopers with a completed hotel or comparable ground-up project. First-time sponsors with an experienced operator and general contractor considered.
TimingTerm sheet in 7 days from a complete package. Closing in 45 to 60 days.

Not a fitLand loans, projects under $15 million, owner-occupied, unentitled land, assisted living.

Ned DeLorme
Ned DeLorme, Northern California

I've been on both sides of the table.

I started at Bank of Boston in 1977. In 1983 I co-founded Belgravia Capital, a mortgage banking firm partnered with Heller Financial, where we ran five regional offices and originated $1.5 billion in loans on manufactured housing, self-storage, retail, and hotels. In 1993 I founded Bridge Capital and originated over $850 million in short-term, high-leverage acquisition financing for developers buying assets out of the RTC. That was a good education in what happens to a loan when the market moves.

Then I spent fifteen years on your side of the table. As a principal at Presidio Hotel Group from 1999 to 2014, I led 15 hotel projects in Hawaii, Texas, Oklahoma, Alabama, and California, over $300 million in total capitalization, ground-up construction, renovations, and re-brandings. I've negotiated PIPs and watched schedules slip. That's the part of my resume that matters most to a developer, because it means I read your budget the way you do.

Since 2014 I've placed debt and equity for developers in Northern California and bought special-situation assets west of Denver with Jupiter Holdings. In 2025 I joined HALL Structured Finance in debt originations. HALL is a direct private lender, active since 1995, making higher-leverage construction and bridge loans of $20 to $250 million. When you talk to me, you're talking to the person who will carry your deal from first call to closing.

Colgate University, B.A. Economics and International Relations. Birkbeck, University of London. California real estate broker.

Selected closings

Closings available on request.

HALL Group

I originate for HALL Structured Finance, a Dallas-based direct private lender and part of HALL Group, active since 1995 with closings in more than 20 states. In-house origination, underwriting, and closing.

Send me the deal.

A site, a budget, and a flag are enough to start. I'll tell you quickly whether it's something I can do.

Name
Ned DeLorme
Mobile
949-466-8476
Email
[email protected]
LinkedIn
linkedin.com/in/neddelorme
Based
Northern California